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HomeMy WebLinkAboutEcon Development - 2003-09-24ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES September 24, 2003 11:00 am- 1:00 pm Conestoga Room, Main Floor, Kitchener City Hall Attendance: Staff: Regrets: Glenn Scheels Peter Cook Councillor, John Smola Councillor, Christina Weylie George Borovilos Patricia Bacon Carla Ladd Mayor, Carl Zehr Scott Baird Joan Euler Manfred Conrad Shawky Fahel Jane Jantzi Peter Benninger Lawrence Bingeman Henrik Noesgaard Robert Morgan Kathy Bissell Jeff Willmer Councillor, Berry Vrbanovic Hans Pottkamper Ray Robinson Paul Kuntz Howie Budd 1. Approval of Minutes of July 23, 2003 Add Howie Budd to the list of Attendees for the meeting of July 23rd, 2003. Minutes of July 23rd, 2003 were then approved as written. Moved by Jane Jantzi Seconded by Lawrence Bingeman Carried 2. Huron Business Park G. Borovilos, by powerpoint, presented An Analysis of the Economic Impact of the Huron Business Park. Committee were in receipt of the report prior to today's presentation. It has been a historicalperception, that the Huron Business Park has not provided a return on the City's investment. The report was intended to demonstrate the economic benefits derived by businesses in Huron Business Park; illustrate the spin- offs such as employment and assessment; and assist in determining the future development of employment lands. Of the 200 surveys sent, there was a 21% response rate of which 85% filled out a full survey - important to note that incomplete surveys were not used in the multiplier/calculators used in the report. There are 12,000 employees in HBP, which is equivalent to those working in the Downtown. Approximately 75% of the businesses in the park have less than 50 employees. It was noted that of those surveyed, 70% preferred the West Side and 20% preferred the Airport for additional employment lands in the future. Based on $7.3 million total taxation revenue the City's payback would be 11 years based on the 2003 tax split. Committee questioned payback period and tax split. Action: · Economic Development staff to follow-up on fibre optic availability in the HPB · Staff to reconsider resurrecting the Corporate Visitation Program (door to door canvassing) by senior staff in order to increase the percentage of completed surveys · Clarify financial questions raised by committee · Take report to DTS and City Council for approval in November 2003 3. Airport Lands Glenn Scheels provided Committee with an update on the Airport Lands. Gerry Thompson of the Region has indicated the Region's interest in the Airport Lands. Two taskforces have been set up to look at aspects of implementation of Regional Growth Strategy. A separate committee will look at implementing the airport lands. It was noted also that the Region is moving ahead with the infrastructure of the airport lands. The Greater K-W Chamber of Commerce is interested and supportive of the initiative to bring the airport lands on board and want to meet with the Regional Mayor's and CAO's to offer their assistance. It was suggested by the Chamber that a Town Hall meeting, hosted by the Region with the business community, could be held to move the project ahead. 4. Other Business · Bingeman Centre Drive - Council has accepted rezoning and a name change for part of Shirley Avenue. Staff have had several inquiries of the land zoned B2 & B3 in Grand River West Business Park. A breakfast meeting to market the park will be arranged within the next month. Reservation Agreements are a possibility, however lands will not be for sale until July 2004, when the pumping station is scheduled for completion. · Coldwell Banker, Peter Benninger Realty - by October 9th a new city map will be delivered to every household. P. Benninger noted that it will be the first one of its kind to show Bingeman Centre Drive. · Ontario Global Traders Awards - K. Bissell is Co-Chair of this year's event. Nomination forms were handed out to members requesting they put forth their support of businesses - deadline is November 3, 2003. EDAC Minutes September 24, 2003 Future Agenda Items: · Official Plan Review · Action: remove Official Plan from future agenda · Development Permit System · Action: Staff to follow-up with Brock Stanley to find out appropriate time to place on upcoming agenda, · Downtown Strategic Plan · Action: Place on agenda for October 22nd,2003 Meeting adjourned at 1:05 p.m. Moved by: Peter Benninger Seconded by: Lawrence Bingeman Carried Sandy Curzon, Recording Secretary Economic Development Advisory Committee Next meeting scheduled for Wednesday, October 22"d, 2003 11:00 am - 1:00 pm Conestoga Room, Main Floor, City Hall Kitchener EDAC Minutes September 24, 2003